MARSH & MCLENNAN COMPANIES, INC. (MRSH) Stock Analysis — April 2026 Rating, Price, and Forecast
Company Overview — What Does MARSH & MCLENNAN COMPANIES, INC. Do?
Marsh & McLennan Companies, Inc., a professional services company, provides advice and solutions to clients in the areas of risk, strategy, and people worldwide. It operates in two segments, Risk and Insurance Services, and Consulting. The Risk and Insurance Services segment offers risk management services, such as risk advice, risk transfer, and risk control and mitigation solutions, as well as insurance and reinsurance broking, catastrophe and financial modeling, and related advisory services; and insurance program management services. This segment serves businesses, public entities, insurance companies, associations, professional services organizations, and private clients. The Consulting segment provides health, wealth, and career consulting services and products; and specialized management, as well as economic and brand consulting services. Marsh & McLennan Companies, Inc. was founded in 1871 and is headquartered in New York, New York. MARSH & MCLENNAN COMPANIES, INC. (MRSH) is classified as a large-cap stock in the Financials sector, specifically within the Insurance industry. The company is led by CEO Daniel S. Glaser and employs approximately 85,000 people, headquartered in New York, New York. With a market capitalization of $83.2B, MRSH is one of the prominent companies in the Financials sector.
MARSH & MCLENNAN COMPANIES, INC. (MRSH) Stock Rating — Hold (April 2026)
As of April 2026, MARSH & MCLENNAN COMPANIES, INC. receives a Hold rating with a composite score of 45.7/100 and 3 out of 5 stars from the Blank Capital Research quantitative model.MRSH ranks #1,832 out of 4,446 stocks in our coverage universe. Within the Financials sector, MARSH & MCLENNAN COMPANIES, INC. ranks #533 of 891 stocks, placing it in the lower half of its Financials peers. The rating is generated by a multi-factor model that weighs quality (30%), momentum (25%), value (15%), investment (10%), stability (10%), and short interest (10%).
MRSH Stock Price and 52-Week Range
MARSH & MCLENNAN COMPANIES, INC. (MRSH) currently trades at $167.77. The stock lost $5.37 (3.1%) in the most recent trading session. The 52-week high for MRSH is $248.00, which means the stock is currently trading -32.4% from its annual peak. The 52-week low is $164.89, putting the stock 1.7% above its annual trough. Recent trading volume was 371K shares, suggesting relatively thin trading activity.
Is MRSH Overvalued or Undervalued? — Valuation Analysis
MARSH & MCLENNAN COMPANIES, INC. (MRSH) carries a value factor score of 55/100 in the Blank Capital model, indicating fair valuation relative to historical norms. The trailing price-to-earnings ratio is 20.09x, compared to the Financials sector average of 14.88x — a premium of 35%. The price-to-book ratio stands at 5.50x, versus the sector average of 1.22x. The price-to-sales ratio is 3.30x, compared to 0.90x for the average Financials stock. On an enterprise value basis, MRSH trades at 16.36x EV/EBITDA, versus 3.26x for the sector.
Overall, MRSH's valuation appears roughly in line with sector benchmarks, suggesting the market is pricing the stock fairly given its current fundamentals and growth trajectory. Neither deep value nor significantly overpriced, the stock occupies a middle ground on valuation.
MARSH & MCLENNAN COMPANIES, INC. Profitability — ROE, Margins, and Quality Score
MARSH & MCLENNAN COMPANIES, INC. (MRSH) earns a quality factor score of 50/100, indicating solid business quality with consistent operational execution. The return on equity (ROE) is 27.4%, compared to the Financials sector average of 8.5%, which demonstrates strong shareholder value creation. Return on assets (ROA) comes in at 7.1% versus the sector average of 1.2%.
On a margin basis, MARSH & MCLENNAN COMPANIES, INC. reports gross margins of -3.7%. The operating margin is 103.7% (sector: 21.8%). Net profit margin stands at 16.2%, versus 17.7% for the average Financials stock. Revenue growth is running at 1.0% on a trailing basis, compared to 9.4% for the sector. The overall profitability profile is adequate, though there may be room for margin expansion.
MRSH Debt, Balance Sheet, and Financial Health
MARSH & MCLENNAN COMPANIES, INC. has a debt-to-equity ratio of 132.0%, compared to the Financials sector average of 121.0%. Leverage is within a manageable range for the industry, though investors should monitor debt trends over time. Total debt on the balance sheet is $20.02B. Cash and equivalents stand at $2.51B.
MRSH has a beta of 0.32, meaning it is less volatile than the S&P 500, making it a relatively defensive holding. The stability factor score for MARSH & MCLENNAN COMPANIES, INC. is 83/100, indicating low-volatility characteristics and consistent price behavior that appeals to risk-averse investors.
MARSH & MCLENNAN COMPANIES, INC. Revenue and Earnings History — Quarterly Trend
In TTM 2026, MARSH & MCLENNAN COMPANIES, INC. reported revenue of $25.28B and earnings per share (EPS) of $1.52. Net income for the quarter was $4.15B. Gross margin was -3.7%. Operating income came in at $26.11B.
In Q3 2025, MARSH & MCLENNAN COMPANIES, INC. reported revenue of $6.14B and earnings per share (EPS) of $1.52. Net income for the quarter was $757M. Gross margin was -3.7%. Revenue grew 10.5% year-over-year compared to Q3 2024. Operating income came in at $6.37B.
In Q2 2025, MARSH & MCLENNAN COMPANIES, INC. reported revenue of $6.74B and earnings per share (EPS) of $2.46. Net income for the quarter was $1.23B. Gross margin was -3.5%. Revenue grew 10.9% year-over-year compared to Q2 2024. Operating income came in at $6.98B.
In Q1 2025, MARSH & MCLENNAN COMPANIES, INC. reported revenue of $6.84B and earnings per share (EPS) of $2.81. Net income for the quarter was $1.41B. Gross margin was -3.3%. Revenue grew 7.7% year-over-year compared to Q1 2024. Operating income came in at $7.07B.
Over the past 8 quarters, MARSH & MCLENNAN COMPANIES, INC. has demonstrated a growth trajectory, with revenue expanding from $6.35B to $25.28B. Investors analyzing MRSH stock should weigh these quarterly trends alongside the valuation and quality metrics discussed above.
MRSH Dividend Yield and Income Analysis
MARSH & MCLENNAN COMPANIES, INC. (MRSH) currently pays a dividend yield of 1.7%. At this yield, a $10,000 investment in MRSH stock would generate approximately $$167.00 in annual dividend income. This compares to the Financials sector average dividend yield of 2.5%, meaning MRSH yields less than the typical sector peer. With a net margin of 16.2%, the dividend appears well-covered by earnings, suggesting sustainable payouts going forward.
MRSH Momentum and Technical Analysis Profile
MARSH & MCLENNAN COMPANIES, INC. (MRSH) has a momentum factor score of 30/100, signaling weak relative price performance. Stocks with low momentum scores have historically tended to continue underperforming in the near term. The investment factor score is 36/100, which measures capital allocation efficiency and asset growth patterns. The short interest score of 29/100 signals elevated short interest, which can indicate bearish sentiment among institutional investors.
MRSH vs Competitors — Financials Sector Ranking and Peer Comparison
Within the Financials sector, MARSH & MCLENNAN COMPANIES, INC. (MRSH) ranks #533 out of 891 stocks based on the Blank Capital composite score. This places MRSH in the lower half of all Financials stocks in our coverage universe. Key competitors and sector peers include WHITE MOUNTAINS INSURANCE GROUP LTD (WTM) with a score of 62.9/100, OPPENHEIMER HOLDINGS INC (OPY) with a score of 62.6/100, Enact Holdings, Inc. (ACT) with a score of 61.6/100, International General Insurance Holdings Ltd. (IGIC) with a score of 61.3/100, and PARKE BANCORP, INC. (PKBK) with a score of 60.4/100.
Comparing MRSH against the S&P 500 benchmark is also instructive for understanding relative performance. Investors can view the full MRSH vs S&P 500 (SPY) comparison to assess how MARSH & MCLENNAN COMPANIES, INC. stacks up against the broader market across all factor dimensions.
MRSH Next Earnings Date
No upcoming earnings date has been announced for MARSH & MCLENNAN COMPANIES, INC. (MRSH) at this time. Check the earnings calendar for the latest scheduling updates across all stocks in our coverage universe.
Should You Buy MRSH? — Investment Thesis Summary
MARSH & MCLENNAN COMPANIES, INC. presents a balanced picture with arguments on both sides. Momentum is weak at 30/100, a headwind for near-term performance. Low volatility (stability score 83/100) reduces downside risk.
In summary, MARSH & MCLENNAN COMPANIES, INC. (MRSH) earns a Hold rating with a composite score of 45.7/100 as of April 2026. The rating is derived from the Blank Capital Research methodology, which combines six factor dimensions into a single quantitative ranking. Investors should consider these quantitative signals alongside their own fundamental research, risk tolerance, and investment time horizon before making buy or sell decisions on MRSH stock.
Related Resources for MRSH Investors
Explore more research and tools: MRSH vs S&P 500 comparison, top Financials stocks, stock screener, our methodology, quality factor explained, value factor explained, momentum factor explained. Compare MRSH head-to-head with peers: MRSH vs WTM, MRSH vs OPY, MRSH vs ACT.